Basic Artist Management Contract Format In Houston

State:
Multi-State
City:
Houston
Control #:
US-0021BG
Format:
Word; 
Rich Text
Instant download

Description

The Basic artist management contract format in Houston is designed to establish a formal relationship between an artist and their manager. This agreement outlines the services that the manager will provide, including career guidance, negotiation of employment terms, and representation in various media. The document stipulates the manager's authority, indicating they may work with other clients and specifies that the artist must seek approval for commitments related to their career. Notably, it clarifies the compensation structure based on the artist's gross monthly earnings, detailing what counts as gross income and exclusions from it. Additionally, it emphasizes the fiduciary relationship between the parties, requiring both to act in good faith and cooperate fully to promote the artist's career. This contract includes provisions for termination, modification, and accounting expenses, ensuring that both parties understand their obligations. It's particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in the entertainment industry, as it provides a clear framework for managing relationships and expectations between artists and managers.
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FAQ

Contracts like an artist agreement help avoid miscommunications and confusion over the rights and responsibilities of both parties involved. Artist agreements typically include availability expectations, performance markers, and licensing or ownership rights of the works created during the partnership.

Common Sections in Artist Management Agreements ARTIST MANAGEMENT AGREEMENT. BACKGROUND. Services Of The Manager. Rights And Authority Of The Manager. Term. Compensation. Accounting. Expenses.

Write the contract in six steps Start with a contract template. Open with the basic information. Describe in detail what you have agreed to. Include a description of how the contract will be ended. Write into the contract which laws apply and how disputes will be resolved. Include space for signatures.

A contract is mandatory for any commission. Write down every detail in the contract, such as the size and media of the artwork, your compensation, due dates for payments, who is responsible for framing, installation, delivery of the artwork, etc. If your client balks at signing a contract, WALK AWAY.

Steps To Starting An Artist Management Company Build Your Artist Roster. Sign A Contract. Don't Quit Your Day Job Just Yet. Draft an Artist Management Company Business Plan. Make a Name for Yourself. Get Organized. Work With an Entertainment Accountant. Hire an Entertainment Lawyer.

As a general rule, managers take a percentage of all income generated by the artist in exchange for their management services. Commission rates typically range from 15-25% of the artist's gross income from: Recording royalties: Sales, streaming and licensing of recorded music.

Managers' commissions are typically between 15 to 20% of an artist's gross income. Whether it's 15% or 20% really depends on the level of the band and the bargaining power of each party. I've seen some net deals, but they are extremely rare. That being said, I always push for a net commission on merchandise.

As a general rule, managers take a percentage of all income generated by the artist in exchange for their management services. Commission rates typically range from 15-25% of the artist's gross income from: Recording royalties: Sales, streaming and licensing of recorded music.

Artist Manager Salary Annual SalaryHourly Wage Top Earners $400,000 $192 75th Percentile $400,000 $192 Average $246,250 $118 25th Percentile $92,500 $44

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Basic Artist Management Contract Format In Houston